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Jarratt, VA vs Madison, VA

75
Jarratt
Virginia
VS
-16.8%
90
Madison
Virginia

There is a significant gap in the cost of living between these two cities. Jarratt is 16.8% cheaper than Madison. With a cost index of 75 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jarratt to Madison should plan for substantially higher expenses across most categories.

On the housing front, median rent in Jarratt is $921/month compared to $986/month in Madison — a 7% difference. Home values follow the same pattern: Jarratt is more affordable at $157,200 median vs $312,500.

Median household income in Jarratt is $80,833 compared to $47,059 in Madison (+71.8%). Jarratt offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Jarratt spend roughly 13.7% of their income on rent, less than the 25.1% in Madison.

Income & Cost

Cost of Living Index
Jarratt
75
17% cheaper
Madison
90
Median Household Income
Jarratt
$80,833
42% higher
Madison
$47,059

Housing

Median Rent
Jarratt
$921
7% cheaper
Madison
$986
Median Home Value
Jarratt
$157,200
50% cheaper
Madison
$312,500
Population
Jarratt
888
Madison
328

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Jarratt $2.98
Madison
US $3.07
🥚
Eggs (grade A, large)
Jarratt $2.43
Madison
US $2.50
🥛
Milk (whole)
Jarratt $3.91
Madison
US $4.03
🍞
Bread (white)
Jarratt $1.80
Madison
US $1.85
🍗
Chicken breast
Jarratt $4.02
Madison
US $4.14
Electricity
Jarratt $0.17
Madison
US $0.19